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Quite the precedent they are setting......watch out Bye-done!

Chad Pergram
@ChadPergram

1) Ways/Means Chair Neal on release of Trump tax returns: Today, the weight of our job is heavy. Congress serves as a check on the Executive Branch, and our Committee is entrusted with oversight of our revenue system.
7:11 AM · Dec 30, 2022

2) Neal: For four years, the Committee has been reviewing how the IRS enforces the federal tax laws against, and ensures compliance by, a president. A president is no ordinary taxpayer...And with great power comes even greater responsibility.

3) Neal: We are only here today because four years ago, our request to learn more about the program under 6103 was denied. This was the first time that this key oversight function was hampered, and our Committee’s jurisdiction was challenged.

4) Neal: The Committee expected that these mandatory audits were being conducted promptly and in accordance with IRS policies. However, our review found that under the prior Administration the program was dormant.

5) Neal: We know now, the first mandatory audit was opened two years into his presidency. On the same day this Committee requested his returns.

6) Neal: We anticipated the IRS would expand the mandatory audit program to account for the complex nature of the former president’s financial situation yet found no evidence of that. This is a major failure of the IRS under the prior administration

7) Neal: But the evidence is clear. Congress must step in. I’ve proposed legislation to put the program above reproach. Ensuring IRS conducts yearly, timely examinations while publicly disclosing certain information.

8) Neal: Our work has always been to ensure our tax laws are administered fairly and without preference, because at times, even the power of a president can loom too large.